Exercise of Warrants and Issue of Equity
09 December 2010 - 9:30PM
UK Regulatory
TIDMCHC
RNS Number : 6561X
Charles Street Capital PLC
09 December 2010
Charles Street Capital plc / EPIC: CHC / Market: AIM
9 December 2010
Charles Street Capital plc ('Charles Street' or the 'Company')
Exercise of warrants and issue of equity
Charles Street Capital plc, the AIM listed natural resources investment company,
announces that on 8 December 2010, Christopher Cleverly exercised warrants to
acquire 1,501,050 ordinary shares 0.1p each in the Company (the "Warrant
Shares").
These warrants were issued pursuant to a warrant instrument dated 16 September
2010 issued by the Company (the "Warrant Instrument"). The exercise price for
the Warrant Shares is 0.1p per Warrant Share and the aggregate subscription
price for the Warrant Shares has been received by the Company. Pursuant to the
terms of the Warrant Instrument, Christopher Cleverly no longer has any
outstanding warrants to subscribe for ordinary shares of 0.1p each in the
Company (the "Ordinary Shares").
Application will be made for the Warrant Shares, which will rank pari passu with
the Company's existing Ordinary Shares in issue, to be admitted to trading on
AIM. It is expected that admission will be effective and that dealings in the
Warrant Shares will commence on 14 December 2010.
Following the issue of the Warrant Shares, the enlarged issued share capital of
the Company will be 1,043,148,027 Ordinary Shares. The above figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Disclosure and
Transparency Rules.
**ENDS**
+----------------+----------------------+---------------------+
| |
| For further information on the Company visit |
| www.charlesstreetplc.com or contact: |
+-------------------------------------------------------------+
| |
+-------------------------------------------------------------+
| Nicholas Lee | Charles Street | Tel: 0203 006 0260 |
| | Capital plc | |
+----------------+----------------------+---------------------+
| Damian Conboy | Charles Street | Tel: 0203 006 0260 |
| | Capital plc | |
+----------------+----------------------+---------------------+
| Nick Naylor | Allenby Capital | Tel: 0203 328 5656 |
| | Limited | |
+----------------+----------------------+---------------------+
| Alex Price | Allenby Capital | Tel: 0203 328 5656 |
| | Limited | |
+----------------+----------------------+---------------------+
| Hugo de Salis | St Brides Media & | Tel: 020 7236 1177 |
| | Finance Ltd | |
+----------------+----------------------+---------------------+
| Elisabeth | St Brides Media & | Tel: 020 7236 1177 |
| Cowell | Finance Ltd | |
+----------------+----------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEANANEEPEFEF
Charles Street (LSE:CHC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Charles Street (LSE:CHC)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Charles Street (London Stock Exchange): 0 recent articles
More Charles Street News Articles